NOT LISTED FOR SALE

Estimated Value: $225,000 - $257,000

2 Beds
2 Baths
932 Sq Ft
$262/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $116,500 $125 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,527/month

19 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Tile Flooring
  • Heating Available
  • Pine Valley Elementary School Rated A-
  • Combination Dining and Living Room
  • Maintained Community

About This Home

As of November 2015

Incredible opportunity to own a 1 story town home in a perfect Wilmington location. Take a look before you pay more to rent an apartment! Merestone is close to the hospital, downtown, local parks and the beaches, the location cannot be beat for the price. This low maintenance home features an open plan & kitchen with lots of counter and cabinet space. Sliding glass door opens to a private fenced patio with storage room. This unit backs to a huge field perfect for outdoor games and pets! No neighbors directly behind you! All appliances including a newer washer and dryer are included.

Last Agent to Sell the Property

Patrick Alderson

eXp Realty Listed on: 10/12/2015

eXp Realty

Last Buyer's Agent

Eric Knight

Nest Realty License #278908

Nest Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1998

Lot Details

  • 1,307

HOA Fees

  • $131 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Additional Features

  • 1,307 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Tax Lot 3372
  • Assessor Parcel Number 3125-85-8793.000

Community Details

Overview

  • Master Insurance
  • Merestone Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Year Built

Built in 1998

Lot Details

1,307 Sq Ft Lot

HOA Fees

$131 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Dryer
  • List Priceper Sq Ft: 127.68
  • New Construction: No
  • Secondary Subdivision: Windgrove
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom1 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 932.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 932.00

Exterior Features

  • Exterior Finish: Brick
  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Assigned

Utilities

  • Heated Sq Ft: 800 - 999
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • H O A Association Fee1 Year: 1572.00
  • H O A H O A1 Mgmt Company: CAMS

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1521.00
  • Lot Acres: 0.03
  • Lot Number: 3372
  • Lot Sq Ft: 1307.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: 3125-85-8793.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
Nov 16, 2015
Sold by
Alderson James Chris
Bought by
T2 Property Management Co Llc
Seller's Agent
Patrick Alderson
eXp Realty
Buyer's Agent
Eric Knight
Nest Realty
List Price
$119,000
Sold Price
$116,500
Premium/Discount to List
-$2,500
-2.1%
Current Estimated Value
$244,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,540
Avg. Annual Appreciation
7.43%
Original Mortgage
$119,000
Outstanding Balance
$93,567
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$150,473

Purchase Details

Listed on
Jul 26, 2013
Closed on
Nov 27, 2013
Sold by
Brock Alan C and Brock Amy J
Bought by
Alderson James Chris
Seller's Agent
Barbara Pugh
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Heather Riley
Coldwell Banker Sea Coast Advantage
List Price
$110,000
Sold Price
$109,000
Premium/Discount to List
-$1,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$111,343
Interest Rate
4.31%
Mortgage Type
VA

Purchase Details

Closed on
Jan 16, 2007
Sold by
Daniels Mary Alison Ashley and Daniels Mark Douglas
Bought by
Brock Alan C and Brock Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1999
Sold by
Eastwood Developers Llc
Bought by
Ashley Mary Alison

Purchase Details

Closed on
Nov 16, 1998
Sold by
Anderson Drive Llc
Bought by
Eastwood Developers Llc

Purchase Details

Closed on
Oct 16, 1996
Sold by
Landmark Land & Timber Inc
Bought by
Anderson Drive Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
T2 Property Management Co Llc $116,500 None Available
Alderson James Chris $109,000 None Available
Brock Alan C $145,000 None Available
Ashley Mary Alison $80,000 --
Eastwood Developers Llc -- --
Anderson Drive Llc $893,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T2 Property Management Co Llc $119,000
Previous Owner Alderson James Chris $111,343
Previous Owner Brock Alan C $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2015 11/24/15 Sold $116,500 -2.1% $125 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $119,000 +9.2% $128 / Sq Ft
12/02/2013 12/02/13 Sold $109,000 -0.9% $117 / Sq Ft View Prior Sale
11/19/2013 11/19/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $110,000 -- $118 / Sq Ft
Source: Hive MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,520 $258,300 $62,500 $195,800
2023 $1,274 $150,800 $35,000 $115,800
2022 $1,282 $150,800 $35,000 $115,800
2021 $1,291 $150,800 $35,000 $115,800
2020 $1,205 $114,400 $25,000 $89,400
2019 $1,205 $114,400 $25,000 $89,400
2018 $1,205 $114,400 $25,000 $89,400
2017 $1,205 $114,400 $25,000 $89,400
2016 $1,198 $108,100 $25,000 $83,100
2015 $1,145 $108,100 $25,000 $83,100
2014 $1,096 $108,100 $25,000 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30529137

Hive MLS

APN: R06516-008-048-000

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